Fortis Inc. : Announces First Quarter Dividends - 2017
December 06, 2016 at 02:55 pm
Share
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Dec 6, 2016) - The Board of Directors of Fortis Inc. ("Fortis" or the "Corporation") (TSX:FTS)(NYSE:FTS) has declared the following dividends:
$0.3063 per share on the First Preference Shares, Series "F" of the Corporation, payable on March 1, 2017 to the Shareholders of Record at the close of business on February 16, 2017;
$0.2427 per share on the First Preference Shares, Series "G" of the Corporation, payable on March 1, 2017 to the Shareholders of Record at the close of business on February 16, 2017;
$0.15625 per share on the First Preference Shares, Series "H" of the Corporation, payable on March 1, 2017 to the Shareholders of Record at the close of business on February 16, 2017;
$0.120125 per share on the First Preference Shares, Series "I" of the Corporation, payable on March 1, 2017 to the Shareholders of Record at the close of business on February 16, 2017;
$0.2969 per share on the First Preference Shares, Series "J" of the Corporation, payable on March 1, 2017 to the Shareholders of Record at the close of business on February 16, 2017;
$0.2500 per share on the First Preference Shares, Series "K" of the Corporation, payable on March 1, 2017 to the Shareholders of Record at the close of business on February 16, 2017;
$0.25625 per share on the First Preference Shares, Series "M" of the Corporation, payable on March 1, 2017 to the Shareholders of Record at the close of business on February 16, 2017; and
$0.40 per share on the issued and outstanding fully paid Common Shares of the Corporation, payable on March 1, 2017 to the Common Shareholders of record at the close of business on February 16, 2017.
The Corporation has designated the common share dividend and preference share dividends as eligible dividends for federal and provincial dividend tax credit purposes.
About Fortis
Fortis is a leader in the North American regulated electric and gas utility industry with total assets of approximately CAD$47 billion, on a pro forma basis as at September 30, 2016 including the acquisition of ITC Holdings Corp. The Corporation's 8,000 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.
Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov.
Fortis Inc. is a Canada-based diversified regulated electric and gas utility holding company. The Company's regulated utility businesses includes ITC Investment Holdings Inc., ITC Holdings Corp. and the electric transmission operations of its regulated operating subsidiaries, which include International Transmission Company, Michigan Electric Transmission Company, LLC, ITC Midwest LLC and ITC Great Plains, LLC; UNS Energy Corporation, which primarily includes Tucson Electric Power Company (TEP), UNS Electric, Inc. and UNS Gas, Inc.; CH Energy Group, Inc, which primarily includes Central Hudson Gas and Electric Corporation; FortisBC Energy Inc.; FortisAlberta Inc. and FortisBC Inc. The Companyâs non-regulated businesses include energy infrastructure and corporate and other.